April In The Burbs

  Welcome back, fellow resellers! This month, we dive into a crucial aspect of your business – pricing. Setting the right prices is a delicate balance between attracting buyers and ensuring a healthy profit margin. Let's unravel the secrets to mastering the art of pricing in the reselling game. Step 1: Know Your Costs Before determining your selling price, understand all costs involved – product acquisition, shipping, fees, and any other related expenses. This ensures you cover your costs and make a profit with each sale.  Step 2: Research Competitors Study the pricing landscape within your niche. Analyze what similar products are selling for and identify any gaps or opportunities. Be competitive but offer value that sets you apart. I research every item personally that goes into my shop. I'm aware of the comps for each item, and what I'm willing to let it ultimately go for while still turning a healthy profit.  Step 3: Consider Perceived Value Price isn't just about nu...

As April unfolds, it's time to shine a light on something close to my heart: Adrenal Insufficiency Awareness Month.  This month isn't just about raising awareness; it's about celebrating resilience, embracing life's challenges, and finding joy in the little things.   Our family's journey with adrenal insufficiency began with the diagnosis of my daughter. At first, it felt like stepping into the unknown, a realm filled with uncertainties and worries.  However, as time passed, we learned to navigate this new reality with strength, grace, and a whole lot of planning. Living with adrenal insufficiency requires meticulous attention to detail. From medication schedules to emergency protocols, our days are often filled with medical tasks.  But amidst the chaos, we've discovered a profound sense of joy in the simple moments. We've learned to appreciate the beauty of a spontaneous laugh, the warmth of a loving embrace, and the comfort of knowing we're in this...